Simple formula for calculating Fernie property taxes as approved by BC Taxation board:
Make a guess at what you think your taxes might be. Add $800. Multiply by 8.2. Double it. = Taxes for the run down property next door, yours will be anywhere upwards of that. Paradise doesn’t come cheap! Why do you think everyone in Fernie wears dodgy old clothes and drives dodgy old cars and trucks?
You need to contact the City of Fernie (if you are buying with the Fernie city limits) with an approximate house value (approximately 45% different to the purchase price, lower or higher) or the Regional District of East Kootenay if your house will be on the Ski hill, in West Fernie, Anderson Rd or Dicken Rd, or anywhere outside of that. The city also sets the rates for utilities.
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